article thumbnail

Docusign to acquire Lexion for $165M in exit for Seattle-based AI contract management company

GeekWire

(GeekWire Photo / Kevin Lisota) Docusign announced an agreement to acquire Lexion for $165 million, signaling plans to integrate the Seattle-based company’s AI-powered contract management technology into its Intelligent Agreement Management Platform.

CTO Hire 136
article thumbnail

Tech Moves: Hootsuite hires CTO; Cascadia Capital CEO moves to Austin; and more

GeekWire

-based social media management platform Hootsuite hired Antonis Papatsaras as its new chief technology officer. Papatsaras was previously chief technology officer of the contract lifecycle management product suite at Docusign.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Using Generative AI to Drive Corporate Impact

TechEmpower - Information Technology

TechEmpower has been instrumental in developing chatbots like these, utilizing generative AI to sift through internal documents and user manuals, enabling them to provide precise answers to customer service questions. This not only speeds up hiring but also lowers the costs associated with lengthy recruitment cycles.

CTO Hire 177
article thumbnail

After tripling revenue in 2022, Lexion lands $20M to expand AI-powered contract management software

GeekWire

From left: Lexion CTO and co-founder Emad Elwany; CEO and co-founder Gaurav Oberoi; and Chief Legal Officer Jessica Nguyen. Lexion Photo) Lexion gained a foothold by using artificial intelligence to help legal departments manage contracts. Lexion has established itself as a leader in the legal tech and contract management sectors.

CTO Hire 102
article thumbnail

Prophia, which extracts info from commercial real estate contracts, raises $10.2M

GeekWire

Prophia , a startup building a platform that scours and extracts key terms from commercial real estate contracts, raised $10.2 Prophia’s users can upload PDF contracts that are analyzed by its software. The company says its software has handled more than a million pages of documents across 1,800 locations. Cameron Steele.

article thumbnail

Serial entrepreneur Gaurav Oberoi strikes again: Lexion’s sale to Docusign shows methodical approach to building startups

GeekWire

This is where the Lexion CEO paced in circles on call after call, gathering the input that he and his colleagues needed to a build a tech startup that uses artificial intelligence to scour and glean insights from complicated legal documents. “I He learned that companies were struggling to track contracts. That’s fun.”

CTO Hire 131
article thumbnail

Seattle startup Yardstick launches app for structured job interviews, better hiring decisions

GeekWire

Anyone who has interviewed job applicants by winging it knows the routine: questions in a free-form document, notes on the back of a resume, and an overabundance of gut instinct and selective memory in the process. “Making sure each candidate gets interviewed and assessed in the same way is a big part of the product,” Price said.